LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS

Read in App
Business News » Companies News

Tractor makers' shares rise as SC exempts them from BS-IV norms

The Supreme Court (SC) has passed the order that tractor manufacturers will be exempt from the Bharat Stage-IV (BS-IV) emission norms.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Tractor makers' shares rise as SC exempts them from BS-IV norms
Mahindra tractors lined up for sale. Photo: IANS
Written By: ZeeBiz WebTeam
Updated: Mon, May 08, 2017
01:01 pm
Mumbai, ZeeBiz WebDesk
RELATED NEWS
Farm loan waivers may give sleepless nights to banks with tractor loans Farm loan waivers may give sleepless nights to banks with tractor loans
Indian tractor sales seen rising as regions waive farm loans Indian tractor sales seen rising as regions waive farm loans
HMSI launches Honda Aviator with BS IV priced at Rs 52,077 HMSI launches Honda Aviator with BS IV priced at Rs 52,077
Did Bajaj Auto go back on its promise to take back unsold BS-III stocks from dealers? Did Bajaj Auto go back on its promise to take back unsold BS-III stocks from dealers?
Mahindra launches small tractor Jivo priced at Rs 3.90 lakh Mahindra launches small tractor Jivo priced at Rs 3.90 lakh

The Supreme Court (SC) has passed the order that tractor manufacturers will be exempt from the Bharat Stage-IV (BS-IV) emission norms. This means that tractor makers can continue to sell BS-III tractors in the market. The Supreme Court on March 29 had passed the verdict banning the sales of all BS-III vehicles after March 31.

A two-judge Supreme Court panel headed by M B Lokur orders tractor, farm-equipment makers are exempt from BS-IV vehicle emission norms.

The government said that it is finalising new emission norms for tractors. This comes as a great relief to tractor manufacturers.

Tractor and construction-equipment makers say in the court that Bharat Tractor Emission Norms (TREM-IIIA) and Construction Equipment Vehicles (CEV) norms apply on them and not BS-IV norms applicable for two- and four-wheeler vehicles, according to a Bloomberg report.

Many tractor makers saw a rise in their shares after the SC decision to exempt tractor makers from the BS-IV order. Mahindra shares rises 1.9%, while Escorts jumps 3.4% intraday to highest since at least January 1991.

Mahindra & Mahindra shares on BSE trade up 1.50% or Rs 11.70 at 12:40 hours, at Rs 1,334.70 per piece.

Eicher Motors too was trading up 2.55% or Rs 657.70, at Rs 26,495.15 per piece. Escorts Ltd shares were also trading up at 2.41% or Rs 14.30, at Rs 607.20 per piece.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Tractor makerstractor manufacturersSharesSCSupreme CourtBS-IV normsBS-IIIMahindra & MahindraEscorts tractorsEicher MotorstractorsAutoBSE
RELATED NEWS
Farm loan waivers may give sleepless nights to banks with tractor loans Farm loan waivers may give sleepless nights to banks with tractor loans
Indian tractor sales seen rising as regions waive farm loans Indian tractor sales seen rising as regions waive farm loans
HMSI launches Honda Aviator with BS IV priced at Rs 52,077 HMSI launches Honda Aviator with BS IV priced at Rs 52,077
Did Bajaj Auto go back on its promise to take back unsold BS-III stocks from dealers? Did Bajaj Auto go back on its promise to take back unsold BS-III stocks from dealers?
Mahindra launches small tractor Jivo priced at Rs 3.90 lakh Mahindra launches small tractor Jivo priced at Rs 3.90 lakh

LATEST NEWS

''See you at your trial'': Big decision looms for Kamala Harris on Trump impeachment trial

Stock Market Holidays 2021 India: Trading to remain suspended on Sensex, Nifty, others Tomorrow for Republic Day 2021

K-pop super band BTS have ''surprise gifts'' for fans

FAU-G Game Launch date: Good news! Release tomorrow, beats PUBG Mobile India

FAKE INVOICE FRAUDS - GST officers arrest 258 persons; 8 chartered accountants among arrested

CBSE Exams 2021: Datesheet announcement and other latest details, Class 10, 12 students must know

Vi vs Jio vs Airtel: Check some of the best cheap prepaid recharge plans for you | Full details here

Stove Kraft IPO review: Explained by ICICI Securities

Yes Bank Share price: Investec reduces book value per share by 3%, target price to Rs19 (from Rs 20)

SBI Card MD & CEO AK Tiwari speaks to Anil Singhvi on income, profit, NPA and the road ahead

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved